Largest federal transportation grant ever awarded to critical NY-NJ tunnel project
Largest federal transportation grant ever awarded to critical NY-NJ tunnel project
www.cnn.com Largest federal transportation grant ever awarded to critical NY-NJ tunnel project | CNN Business
The replacement for a crumbling underwater tunnel connecting New York City and New Jersey that carries up to 200,000 people daily just received the largest-ever federal transportation grant, according to Senate majority leader Chuck Schumer.
The final project will likely cost $17 billion and the federal grant is for $6.88 billion. NY and NJ will equally split the costs and overruns unlike the last attempt to build the tunnel.
Do you think this is the one? Will it finally happen this time?
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